NOT LISTED FOR SALE

8715 W Herrick Ave River Grove, IL 60171

Estimated Value: $348,000 - $415,000

3 Beds
2 Baths
1,400 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $270,000 $193 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,764/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Home Office
  • East Leyden High School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Trumbull Park

About This Home

As of February 2016

New elegant rehab with second floor addition. This home feature open concept, three bedrooms, two bathrooms. Master suite with sitting room, full finished basement, beautiful kitchen, soft close cabinet doors, granite counter tops, ss appliances. All new electric wiring, plumbing, sewer lines, HVAC systems. New windows. Hardwood floors. Back deck and nice size yard. Two car garage. Buy this home and enjoy it for years to come hassle and projects free. New Year, New Home, New Beginning. Start It Right!!!

Last Agent to Sell the Property

Svitlana Matviyiv

@properties Christie's International Real Estate License #475146168 Listed on: 12/26/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Emily Connolly

EXIT Strategy Realty License #475141036

EXIT Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,454

Lot Details

  • 4,051

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Home Office
  • Lower Floor Utility Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,454

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Flood Zone
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 15X7, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Office, Storage, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Storage, Dimensions: 15X7, On Level: Basement
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Utility Room-Lower Level, Dimensions: 16X7, On Level: Basement
  • Bedroom 3: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1400
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 33X14, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 85.5
  • Junior High Dist: 85.5

Lot Info

  • Lot Dimensions: 4032
  • Parcel Identification Number: 12263220210000

Tax Info

  • Taxes: 5452.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Schmidt Erik G
Bought by
Schmidt Erik Giles and Schmidt Heather Michelle
Current Estimated Value
$373,827

Purchase Details

Listed on
Dec 26, 2015
Closed on
Feb 25, 2016
Sold by
8715 W Herrick Inc
Bought by
Schmidt Erik G
Seller's Agent
Svitlana Matviyiv
@properties Christie's International Real Estate
Buyer's Agent
Emily Connolly
EXIT Strategy Realty
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$256,500
Outstanding Balance
$204,491
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$169,336

Purchase Details

Listed on
Jun 8, 2015
Closed on
Sep 20, 2015
Sold by
Busel Andrii
Bought by
8715 W Herrick Inc
Seller's Agent
Debra Braglia
Caporale Realty Group
Buyer's Agent
Brett Vogel
Coldwell Banker Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
454.28%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 12, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Bayview Loan Servicing Llc
Seller's Agent
Debra Braglia
Caporale Realty Group
Buyer's Agent
Brett Vogel
Coldwell Banker Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 29, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Busel Andrii
Seller's Agent
Debra Braglia
Caporale Realty Group
Buyer's Agent
Brett Vogel
Coldwell Banker Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Purchase Details

Closed on
Nov 6, 2014
Sold by
Baez Carlos
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Apr 15, 1999
Sold by
Kloss William
Bought by
Baez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,037
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1999
Sold by
Owens Virginia
Bought by
Kloss William
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmidt Erik Giles -- Attorney
Schmidt Erik G $270,000 Alliance Title Corporation
8715 W Herrick Inc -- Attorney
Bayview Loan Servicing Llc -- Ct
Busel Andrii $100,000 Ct
Bayview Loan Servicing Llc -- Ct
Bayview Loan Servicing Llc -- Ct
Baez Carlos $145,000 Professional National Title
Kloss William $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Erik G $256,500
Previous Owner Baez Carlos $138,037
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $270,000 -6.9% $193 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
12/26/2015 12/26/15 For Sale $289,900 +189.9% $207 / Sq Ft
07/30/2015 07/30/15 Sold $100,000 -9.1% $79 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $110,000 -- $87 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,454 $22,881 $4,234 $18,647
2023 $9,027 $29,000 $4,234 $24,766
2022 $9,027 $29,000 $4,234 $24,766
2021 $6,393 $18,833 $3,024 $15,809
2020 $6,132 $18,833 $3,024 $15,809
2019 $6,248 $21,329 $3,024 $18,305
2018 $7,059 $21,684 $2,620 $19,064
2017 $6,943 $21,684 $2,620 $19,064
2016 $6,528 $21,684 $2,620 $19,064
2015 $5,553 $18,311 $2,318 $15,993
2014 $5,452 $18,311 $2,318 $15,993
2013 $5,174 $18,311 $2,318 $15,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09106000

Midwest Real Estate Data (MRED)

APN: 12-26-322-021-0000